1 Winner and 3 Losers from This Week’s Earnings Storm
Horsehead Holding Corp. (NASDAQ:ZINC) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 60% to $0.02 in the quarter versus EPS of $0.05 in the year-earlier quarter. Revenue rose 6.08% to $106.44 million from the year-earlier quarter.
Horsehead Holding Corp. reported adjusted EPS income of $0.02 per share. By that measure, the company missed the mean analyst estimate of $0.06. It missed the average revenue estimate of $114.38 million.